In 2014, Steve Kroft spoke with Michael Lewis about his book “Flash Boys” that revealed how some high-speed traders worked the stock sector to their advantage. “60 Minutes” is the most successful television broadcast in history. Offering hard-hitting investigative reports, interviews, feature segments and profiles of people in the news, the broadcast began in 1968 … Read more
The Stock industry is no longer run by people, instead it’s run by computers with artificial intelligence. Gone are the iconic days as depicted in Trading Places, and The Wolf on Wall Street. America Uncovered relies on viewer support. Click here to learn more: https://www.patreon.com/americauncovered or visit us on Facebook! https://www.facebook.com/America-Uncovered or Twitter! https://twitter.com/USUncovered Disclaimer: … Read more
*The U.S. stock industry is rigged, with elite traders buying access to a high-speed network that allows them to figure out what you’ve just ordered, order it first, then raise the price before your order is complete. And according to Michael Lewis, author of a new book about high-frequency trading called “Flash Boys,” this form … Read more